Forex Profit System Trend following strategy

Trading Strategies 0 1,191


Summary : 

Forex Profit System Trend following strategy based on the Moving Averages and Parabolic SAR indicators.

 

Metatrader Indicators : 

- Parabolic SAR (step : 0.02, Max : 0.2)

- Moving Averages (Period : 10, MA method : Exponential, 10, Style : Yellow)

- Moving Averages, (Period : 10, MA method : Exponential, 25, Style : Green)

- Moving Averages, (Period : 10, MA method : Exponential, 50, Style : Red)

 

Trading Conditions

 - Chart Timeframe : 30 Minute or 1 Hour

 - Currency Pairs : Major pairs.

- Max Spread : 0.0005 (5 pips)

 

Long Position Entry : 

1.     when the ema 10 crosses the 25 and 50 up from the bottom andParabolic SAR is on the bottom.

 

Short Position Entry : 

1.     when the ema 10 cross the 25 and 50 down from the top andParabolic SAR is on the Top.

 

Exit Rules : 

- Option 1 : When 10 EMA crosses 25 EMA again.

- Option 2 : When 10 EMA returns and touches 50 EMA

 

How to install Files?

- Download *.zip file.

- Copy tpl file (Template) to your Metatrader Directory / templates /

- Start or restart your Metatrader

- Select Chart and Timeframe where you want to test your forex strategy

- Right click on your trading chart and hover on “Template”

- Move right to select Template

- You will see Trading System strategy is available on your Chart

List